C_S4FCF_2023 Test Practice - C_S4FCF_2023 Latest Questions
C_S4FCF_2023 Test Practice - C_S4FCF_2023 Latest Questions
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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q74-Q79):
NEW QUESTION # 74
Which data is included in SAP Master Data Governance? Note: There are 2 correct answers to this question.
- A. Bank data: banks house banks bank accounts
- B. Material data: general data units of measure
- C. Logistics data: sales orders plants organizational units such as sales purchase organization
- D. Financials data: general ledger accounts profit centers cost centers
Answer: B,D
NEW QUESTION # 75
What are some of the advantages of using intercompany reconciliations in Central Finance?
Note: There are 2 correct answers to this question.
- A. You can standardize payment processes.
- B. You can eliminate long-running batch jobs for loading the data into Central Finance.
- C. You can assign documents based on predefined customized rules.
- D. You can manage intercompany reconciliation using alerts and analytics.
Answer: B,D
Explanation:
Detailed Explanation: Using alerts and analytics in Central Finance simplifies managing intercompany reconciliations, making it easier to resolve discrepancies in real time. Additionally, eliminating long-running batch jobs improves efficiency, as the reconciliation data is directly available without complex processing steps.
NEW QUESTION # 76
A customer is planning to deploy SAP Master Data Governance for a Central Finance landscape. What are the main considerations?
Note: There are 3 correct answers to this question.
- A. The Central Finance system must query key value mapping information from the SAP Master Data Governance system.
- B. SAP Master Data Governance is not mandatory for the Central Finance landscape.
- C. SAP Master Data Governance as a master data hub has complete processes (governance and consolidation).
- D. If SAP Master Data Governance is a standalone system, the source ERP system must query master data key mapping from the Central Finance system.
- E. Master data is distributed via SAP Master Data Governance to source and target systems.
Answer: B,C,E
Explanation:
Detailed Explanation: When deploying SAP Master Data Governance (MDG) in a Central Finance landscape, key considerations include that master data is distributed to source and target systems, MDG functions as a complete master data hub with governance and consolidation processes, and it is not mandatory for every Central Finance implementation.
NEW QUESTION # 77
Which objects are included in SAP Master Data Governance consolidation?
Note: There are 2 correct answers to this question.
- A. Company code
- B. Material
- C. Business partner
- D. Plant
Answer: B,C
Explanation:
Detailed Explanation: SAP Master Data Governance consolidation includes objects such as Material and Business partner, which are critical for ensuring that master data across the organization is accurate and harmonized.
NEW QUESTION # 78
Which of the following functions are valid for initial load extraction of FI/CO postings?
- A. Initial load can be executed only for specific company codes.
- B. The target system controls the open items to be extracted from the source system.
- C. The source system controls the period fiscal year for balance extraction document extraction.
- D. Migration clearing accounts are maintained for reconciliation accounts.
Answer: C
NEW QUESTION # 79
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